75% of the 40 companies working on Marijuana-related businesses and listed on North American stock exchanges have outperformed major market indices over the past 12 months, with an average annual total return of 400% for weed stocks vs 20% for S&P500 and TSX60.
If you had invested $1,000, split equally, in these 40 weed stocks twelve months ago, it would be worth $4,000 today (net of trading costs) vs. only $1,200 if you had invested in S&P500 or TSX60 indices. Is it time for investors to pass that dutch and get into the pot stocks or are the market valuations already high (pun very much intended)?
Do your own research on weed stocks at https://www.ducovest.com/tools/search_securities by:
- Selecting “Weed Stocks” under “Special Interests”
- Selecting “Rank by Exchange” or “Rank by Sector” from View
- Selecting “Market Valuation Ratios” from Information
Have a pious streak? We also have screens for stocks suitable for many religious beliefs and social causes.
The ducovest team.